October 22, 2019Trade
Concern that China's subsidies caused a flood of cheap imports was what started the U.S.-China trade war in the first place, but subsidies were not mentioned even once when President Trump announced …
May 23, 2019United States
In January 1986, Ronald Reagan marched into a meeting of his economic advisory board and let off steam about inflation. “I used to pay $50 for a suit,” he fumed. “Now $50 will hardly get it cleaned.”…
May 13, 2019Trade
Introduction It has now been more than a quarter century since the United States, the European Union (EU), Japan and more than 100 other countries came together to conclude the Uruguay Round globa…
October 2, 2018Trade
Critics are panning the president’s new trade deal with Canada and Mexico as a minor update. They’re wrong—it’s a significant accomplishment.
September 25, 2018Monetary Policy
Improbably, the Federal Reserve is surviving the Trump era with its integrity intact. Jerome H. Powell, the Fed chairman since February, is quietly emerging as a skilled Washington operator.
September 14, 2018Financial Markets
The new consensus about the cause of the 2008 financial crisis is seductive — and misleading. Sebastian Mallaby presents an alternative opinion.